Press Releases

March 14, 2014

Richmond Fed Announces Officer Promotions

Richmond, Va.

The Federal Reserve Bank of Richmond announces the following officer appointments, effective March 15:

Jeremy Caldwell has been promoted to vice president in the Supervision, Regulation and Credit department with responsibility as the Richmond Fed’s central point of contact for Bank of America. Caldwell, who joined the Fed in 2000 as a bank examiner, has spent the last five years on the team supervising Bank of America and previously worked as a market risk specialist.

Caldwell also has worked as an auditor and equity research analyst for BB&T Corporation. He received a bachelor’s degree in business management from the Pamplin College of Business at Virginia Tech in Blacksburg, Va.

Christy Cleare has been promoted to vice president with responsibility for credit risk management in the Supervision, Regulation and Credit department, where she has worked since joining the Richmond Fed in 2011 as an assistant vice president. Previously, she was a senior director for the Federal Home Mortgage Corporation and also worked for the Federal Reserve Bank of Atlanta, the Federal Home Loan Bank of Atlanta and Silverton Bank.

Cleare received an MBA from Georgia State University in Atlanta and received a bachelor’s degree in economics from Kennesaw State University in Kennesaw, Ga.

The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.